$1,550,000
8 Bed • 3 Bath8 bd · 3 ba
635 E 38th Street
Brooklyn, NY 11203
Listed with YourHomeSold Guaranteed Realty
$2,199,000
Est. $11,572/moBrooklyn, NY 11230 · Brooklyn
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Prime Mixed-Use Opportunity in Historic Ditmas Park! Prime multi-story brick mixed-use property featuring 3,400 sq. ft. of total structure area across multiple levels plus a finished basement. Delivered 100% vacant at closing—an ideal blank-canvas opportunity for investors, end-users, or business owners seeking strong long-term rental income or a customizable owner-occupied space. Property & Building Highlights: Mixed-Use Designation: High-visibility ground-floor commercial space paired with a 3-bedroom, 2-bathroom upper residential/office configuration. Building Size: 3,400 interior square feet on a 1,310 sq. ft. lot. Financials: Low holding costs with annual property taxes of approximately $6,486. Mechanicals: Solid brick construction equipped with updated ductless heating/cooling heat pumps and natural gas systems. Unbeatable Location Benefits: Situated on Foster Avenue between Coney Island Avenue and East 15th Street in the heart of Ditmas Park. Located less than 500 feet from the Newkirk Plaza B/Q subway station, providing direct access to constant commuter foot traffic and seamless 30-minute rides into Manhattan. Positioned alongside popular neighborhood dining, local shopping, and PS 217. Flexible End-Use Possibilities: Perfect for an owner-user running a retail store, professional office, or medical practice on the ground level while living upstairs; a value-add investment to lease both units at market rate; or a live-and-income setup to offset holding costs.
As reported by the listing office; verify enrollment with the district.
Listed with American Fine Homes & Estates · Zeeshan Basit · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 23, 2026, 11:08 AM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
239
Oct 2026
Average price
Active listings
$1,305,312
Oct 2026
Average days on market
Active listings
179 days
Oct 2026
Computed from 1,578 active OneKey MLS listings in Brooklyn, NY.
$1,550,000
8 Bed • 3 Bath8 bd · 3 ba
635 E 38th Street
Brooklyn, NY 11203
Listed with YourHomeSold Guaranteed Realty
$1,899,999
8 Bed • 5 Bath8 bd · 5 ba
8782 21st Avenue
Brooklyn, NY 11214
Listed with Momentum Real Estate, LLC
$2,800,000
6 Bed • 2 Bath6 bd · 2 ba
15 Evans Street
Brooklyn, NY 11201
Listed with Epique Realty